Renewable Energy


With economic incentives that foster the growth of a renewable energy cluster and employment centers that seek to attract companies engaged in alternative energy product manufacturing, there is a rapidly developing cluster of solar technology companies in the Albuquerque metro area.

Fueling the Future

Manufacturing and service-related companies in the Albuquerque metro area have the opportunity to tap into one of the world’s greatest concentrations of technology assets. The New Mexico Technology Corridor, stretching from Los Alamos National Laboratory northwest of Santa Fe to New Mexico State University just north of the Mexican border, contains an array of technology-based organizations involved in the research and development of alternative energy products.


There are many reasons why the world’s premier companies do business in Albuquerque. Here are just a few:

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solar and wind fields


U.S. Energy Information Administration, 2020

AED Workforce Woman mechanic


Resources and education

  • Sandia National Laboratories (SNL)

    Since the1970s, SNL has a sustained research program portfolio in solar, wind, and geothermal energy science and technologies. SNL has continued to add research programs in biofuels and biomass to their renewable-energy portfolio. Sandia continues to be on the forefront of new systems and technologies to build more efficient and reliable renewables.

  • National Solar Thermal Test Facility (NSTTF)

    is operated by Sandia National Laboratories for the US Department of Energy and is the only test facility of its type in the US. The primary goal of NSTTF is to provide experimental engineering data for the design, construction, and operation of unique components and systems in proposed solar thermal electrical plants planned for large-scale power generation.

  • Regional Test Center (RTC)

    The US Department of Energy established five RTCs as part of a broad national effort to make solar energy-cost competitive. The RTCs validates new technologies by demonstrating their performance and reliability under field conditions over time. The Albuquerque, NM RTC is managed by Sandia National Laboratories.

  • CFV Solar Test Laboratory

    Is a state-of-the-art photovoltaic (PV) test center that is ISO 17025 accredited by A2LA for testing services of flat-plate PV, thin-film and CPV modules, and is a preferred third party test laboratory for a number of major PV module manufacturers. Test capabilities include: Outdoor testing, indoor testing, measurement capabilities and services, and extended accelerated aging and reliability tests. CFV performs prescribed certification tests to the various standards for PV modules such as IEC, ANSI, UL, and CEC.

  • Photovoltaic System Evaluation Laboratory (PSEL)

    is located at Sandia National Laboratories and provides expertise and test support within several facilities and outdoor sites for evaluating PV and other distributed energy hardware.

  • Distributed Energy Technologies Laboratory (DTEL)

    is an extension of the power electronics testing capabilities of PSEL providing expertise and test support for grid-connected and off-grid performance evaluations as well as specialized tests.

Programs and Incentives

  • Job Training Incentive Program (JTIP) – The state’s highly flexible JTIP program offers a cash reimbursement to a business for on-the-job training for qualified employees of qualified employers. Customized training may be provided by post-secondary educational institutions, company trainers, or outside trainers.
  • High Wage Jobs Tax Credit –  A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. The credit amount equals 8.5% of the wages paid for each new economic-base job created.
  • Manufacturing Investment Tax Credit – New Mexico tax law provides for a credit equal to 5.125% of the value of qualified equipment and other property used directly and exclusively in a manufacturing operation. The credit can be applied against compensating, gross receipts tax or withholding tax due.
  • Single Sales Factor – Business engaged in manufacturing may choose to take part in single sales factor apportionment for calculation of their corporate income tax liability. 
  • Industrial Revenue Bond (IRB) – IRB’s allow for significant real and personal property tax and compensating (use) tax exemptions. Terms vary by community.
  • Alternative Energy Product Manufacturer’s Tax Credi – Provides a credit equal to 5 % of the value of qualified equipment and other property used directly and exclusively in a manufacturing operation that makes components or systems for alternative energy products. The credit can be applied against compensating tax, gross receipts tax (excluding the local options portion of the gross receipts tax), or withholding tax. Any remaining credit can be carried forward for up to five years.
  • Biomass-Related Equipment and Materials Deduction – The value of equipment such as boiler, turbine-generator, storage facility, feedstock processor, interconnection transformer or biomass material used for bio-power, bio-fuels, or bio-based products may be deducted in computing the compensating tax due.
  • Biodiesel Facility Tax Credit – An operator of a refinery in New Mexico, any person who blends special fuel in New Mexico, or the owner of special fuel stored at a pipeline terminal in New Mexico, who installs biodiesel blending equipment for the purpose of establishing or expanding in a facility to produce blended biodiesel fuel is eligible to claim a credit against gross receipts tax or compensating tax. 
  • Property Tax Exemption for Solar Systems – Roof-top scale solar energy system installations are exempt from property tax assessments at the time the system is installed. The solar system improvements would not be assessed property taxes until the property is sold.

Key Companies

Renewable energy companies investing and growing in the Albuquerque metro area include:

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